RCDO Ricardo Plc

Directorate Changes

Ricardo plc announces the appointment of Tim Farazmand (Tim) as Non-Executive Director

Ricardo Plc (Ricardo) is pleased to announce, the appointment of Tim Farazmand as a Non-Executive Director with effect from 15^th November 2024. Tim, who holds a bachelor's degree in Economics, is currently involved in several non-executive roles across a variety of sectors focusing on accelerating growth.

Mark Clare, Ricardo's Chairman, said: "The Board is delighted that Tim has agreed to join Ricardo as a Non-Executive Director. Tim brings 30 years' experience in mid-market private equity with a focus on M&A which will be invaluable to Ricardo. On behalf of the Board, I would like to welcome Tim to Ricardo."

Information notified pursuant to UKLR 6.4.8

Tim Farazmand holds or has held, the following directorships of publicly quoted companies in the past five years:

Director - Baronsmead Second Venture Trust plc

There is no other information concerning Tim Farazmand which requires disclosure under UKLR 6.4.8.

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For further information please contact:

Harpreet Sagoo, Group General Counsel and Company Secretary:            +44 (0) 7742 810528